When compared with the Nifty, Hindalco has been a consistent outperformer, while Tata Steel has seen ups and downs. Price charts not shown.I am showing the relative Strength on daily prices but weekly is similar.
Chart 2 & 3
Weekly charts for Hindalco & Tata Steel. Hindalco is pushing against resistance, leading to a break into new highs of this bull market. Tata Steel is having overhead resistance so no breakout here.
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